The Military Industrial Complex 'Unicorn': Former NSA Chief Raises $32.5 Million For "Startup"

Tyler Durden's picture

Submitted by Mike Krieger via Liberty Blitzkrieg blog,

Former head of the NSA, Keith Alexander, has been a busy guy since he left government. Having avoided any accountability whatsoever despite systematically using the U.S. Constitution as toilet paper, Mr. Alexander is doing what every government official does upon leaving office. He’s trying to grab as much money as possible.

Liberty Blitzkrieg readers will recall the 2014 post, Ex-NSA Chief Keith Alexander is Now Pimping Advice to Wall Street Banks for $1 Million a Month, in which I introduced his firm, IronNet Cybersecurity Inc. Fast forward a year, and Silicon Valley is chomping at the bit to embrace a company headed by a man who by all accounts should be in prison.

From the Wall Street Journal:

The former head of the National Security Agency has attracted funding for his cybersecurity startup from a prominent venture-capital firm, highlighting the continuing ties between Silicon Valley and Washington despite recent tensions.

 

Kleiner Perkins Caufield & Byers is among the investors providing a $32.5 million infusion to IronNet Cybersecurity Inc., which aims to help companies fight computer hackers with software.

 

IronNet was founded by Keith Alexander, who was NSA director in 2013 when former agency contractor Edward Snowden revealed that the NSA had snooped with help from technology firms. Since then, government officials and tech executives have clashed over the proper limits of encryption technology.

 

As IronNet builds its technology, officials such as Mr. Olsen have offered consulting services to bring in extra revenue. Mr. Alexander said he has been boning up on how to run a startup, such as drafting term sheets for investors.

 

“It’s been a good year,” Mr. Alexander said of IronNet in an interview. “I’m not going to say it’s been an easy year.”

 

It also hasn’t been without controversy. Some critics accused Mr. Alexander of too quickly cashing in or potentially relying on classified intelligence to turn a buck.

Banana Republic justice.

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Disc Jockey's picture

FUCK YOU ALEXANDER!

Demdere's picture

https://thinkpatriot.wordpress.com/2015/10/27/ignoring-the-absolutely-in...

The question really is what tally he makes after the unexpected change of government : Do security chiefs' head-in-basket probabilities differ from other cabinet ministers, and in what direction?

I think they can't brag, or we would have heard about it, as that is the last possible positive spin they could put on their record of non-prescience.

https://thinkpatriot.wordpress.com/2015/10/02/warning-ideas-are-dangerous/

Macchendra's picture

"Rework" summed up startups perfectly: "The startup is a magical place. It’s a place where expenses are someone else’s problem. It’s a place where that pesky thing called revenue is never an issue. It’s a place where you can spend other people’s money until you figure out a way to make your own. It’s a place where the laws of business physics don’t apply. The problem with this magical place is it’s fairy tale. The truth is every business, new or old, is governed by the same set of market forces and economic rules. Revenue in, expenses out. Turn a profit or wind up gone"

Ignatius's picture

And he just had to listen to, er, I mean, make a few calls and the money came flowing in.

GMadScientist's picture

"What's that? The check is in the mail? Excellent, then I'll just put these negatives back in the safe for now. Toodles."

RopeADope's picture

He needs the money to install his own Enterprise bridge at his new offices.

Disc Jockey's picture

For those not familiar:

http://www.dailytech.com/NSA+Chief+Built+Starship+Enterprise+Bridge+Sat+...

This fucking guy is nuttier than a California almond grove.

NoPension's picture

The money is free. Flows like water. Nobody gives a fuck. No bod ee! No one gives a flying fuck fuck about how the fucking cocksuckers in our fucking government spend money, like it is a sport.
Who ever gets in trouble? Nobody.
Petraus ??? Yeah, right. Where the fuck did he get $100,000 to pay a fine? They probably gave it to him. Did he Los any pension? Benefits? Give me a break.
Lois Lerner. Clinton. Any of these cocksuckers.

And they are not even shy. Hey!! Fuck you!!! Look what I built!!!! With YOUR fucking money! . Iraq and Afaganistan? PALLET loads of cash! Fucking pallet loads.
We are a fucking joke. There needs to be a house cleaning. There literally needs to be a fucking gullitine set up, in DC , behind the Capitol. And start lopping off motherfucking heads.
This shit pisses me off so bad, I can't see straight. And I see it daily, also. Cocksucker government supply outfit, five time growth in five years. 100% sells to government. Little prick who's mommy was a high level gov cunt set him up. Now he likes to park his $150,000 turbo Porsche out front, so everyone knows who the man is. While the rest of the private economy is in the toilet or struggling to make ends meet.

Supernova Born's picture

I think I can guess Alexander's favorite Star Trek episode.

http://www.imdb.com/title/tt0708421/

SILVERGEDDON's picture

NSA ! NSA ! NSA !

Our new country needs a new flag, and a new military leader - this guy is great photo op for the job - if he don't work out, just bust a cap in his head, and nationalize his company for the children.  

Seasmoke's picture

Never trust a public taker with 2 first names. Especially one from the MIC. 

Supernova Born's picture

If Cornwallis had had the NSA the US Constitution wouldn't even exist.

Oh, wait.

wisebastard's picture

so he got $32 million to start an amatuer porn operation................

Fahque Imuhnutjahb's picture

 

 

Shouldn't we all be rejoicing that a former governmental teat suckling parasite has seen the light, and made

the transition to the private sector to help guide the invisible hand to probe our metaphorical prostates?  No...?

GMadScientist's picture

No tickie no washie. (psssst...the blind drop for dirty cash is behind the captain's chair)

Supernova Born's picture

The NSA is the road to a .mil dictatorship.

Conditioning .mil to routinely ignore the Constitution via the NSA, what would be the hold up?

But I suppose with the corrupt civilian leadership we've got, the Roman road is the road history indicates we're on.

 

buzzsaw99's picture

rots a ruck. our gubbermint and that guy in particular are the leakiest mofos ever.

Alabama State Trooper: Did you see that? They went right through our roadblock!
Buford T. Justice: You som'bitches couldn't close an umbrella!

silent one's picture

Maybe he hasn't left and this 'startup' is a way to avoid oversight.

Jim Leyritz's picture

American fascism.

Ban KKiller's picture

Keith Alexander, James Comey, James Clapper, all fucking traitors. OR traitors fucking. 

Simply put? They are war profiteers. 

JustObserving's picture

A troika of the MIC, Wall Street and spooks runs the land of the free.  So it is natural that spooks can raise money so easily.

After 9/11, CIA asset, Susan Lindauer, who was jailed for years, said that her boss at the CIA, Dr. Richard Fuisz, got $13 million tax free.

The land of the free is a fascist, police state masquerading as a democracy.  And the press, completely owned by the CIA, does a fine job of covering that up:

Who rules America? 

The secret collaboration of the military, the intelligence and national security agencies, and gigantic corporations in the systematic and illegal surveillance of the American people reveals the true wielders of power in the United States. Telecommunications giants such as AT&T, Verizon and Sprint, and Internet companies such as Google, Microsoft, Facebook and Twitter, provide the military and the FBI and CIA with access to data on hundreds of millions of people that these state agencies have no legal right to possess.

Congress and both of the major political parties serve as rubber stamps for the confluence of the military, the intelligence apparatus and Wall Street that really runs the country. The so-called “Fourth Estate”—the mass media—functions shamelessly as an arm of this ruling troika.

https://www.wsws.org/en/articles/2013/06/10/pers-j10.html

My CIA handler got $13 million tax-free from emergency appropriations for the 9/11 investigation in November, 2001— He built himself a grand mansion a stone’s throw from CIA headquarters in McLean, Virginia.

"The Central Intelligence Agency owns everyone of any significance in the major media." -- William Colby, former CIA Director

willwork4food's picture

+1000000

That is why I hate Wall Street much less than D.C. Wall Street was enabled to do what they have done to America BY the laws passed by the scum in CONGRESS & SENATE.

The irony is they are paid to protect the American people, and we pay them damn well. I hate them so much more than the spoiled children of Wall street that I can't even describe. DC needs to be nuked. Period. Preferably during a state of the nation address.

 

Cabreado's picture

Peeing in the wind won't work.

Shoring up a tidy and expertly designed 535 towards the original idea is the only chance.

All you increasingly ignorant and entitled need to have a huddle and generate some humility and common sense.

Oh, and... expend your limited energy and opportunity wisely.

ultraticum's picture

Support our troops.  (On the end of a pitchfork).

dreadnaught's picture

no, pitchfork the Politicians who send them off to profit mongering wars (and slap the troops hands for being so easily fooled)

PoasterToaster's picture

The face of a traitor.

GMadScientist's picture

America: sold out by IT apparatchiks.

onmail1's picture

'Raises'

Intelligence agencies have unlimited budgets , they keep their govt & pulic frightened and swindle money like anything.

These are the guys who turned USA into a stasi regime. 

wisefool's picture

no sarc.

Due dilligence always bites me in the arse. MSNBC is going to host a rebublican debate so I got access to it today. apparently "google" is supposed to be called "alphabet" but if the you know whos (I.R.S.) show up to my door with out an invite the art room will be an art room. I also eat unicorn flesh if I have to.

okay there was some sarc in there.

NuYawkFrankie's picture

Alexander get his Thirty Pieces Of Silver.

 

Urban Redneck's picture

A full frontal of the moral and intellectual bankruptcy of Private Equity and Kleiner Perkins in particular.

"Mr. Alexander said he has been boning up on how to run a startup, such as drafting term sheets for investors."

If senior management thinks drafting term sheets for investors is running a startup, the company doesn't have competent senior management, much less a long term plan.  Financial close is the START of the process, and is normally handled by financial advisers.  Stupid shit like that should deter any serious investor.

 

OzFan's picture

Serious question - why hasnt some person, some group, started popping off guys like Alexander.....guys like Paulson, a Dimon, a Silverstein, a Cheney....literally silence them.

Youd think it was on the cards given the crime and evil shit these types of ppl fling at the world..

Eg, i have a mate who once said it was his dream to win the big one, then hire mercenaries to take out 10-15 of the most sickest elites around....

GMadScientist's picture

"Got to be good lookin' cause he's so hard to see..."

Hinging action on winning the lotto is a lazy man's excuse for inertia; you don't want mercs, you want people you can trust who won't just be outbid by the club for the criminally insane.

OzFan's picture

Very astute observation